Sheldon Adelson, a Giant in the Casino-Resort Industry, Dies at 87

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Billionaire Sheldon Adelson, a giant in the casino-resort industry and one of the largest donors to the Republican Party, has died

. He was 87 years old.

As a young man, Mr. Adelson seemed to lack focus. The son of an immigrant Jewish cabdriver, he flitted from one business to another, dabbling in mortgage brokerage, investment advice, venture capital, real estate, chartered tours and sales of De-Ice-It spray for windshields. In his mid-30s, Mr. Adelson began finding his way as an entrepreneur who would become one of the world’s richest men, with a fortune estimated by Forbes at $35.9 billion. He made himself into a giant in the casino industry with his lucrative resorts, one of the largest donors to the Republican Party, a leading backer of Israeli Prime Minister Benjamin Netanyahu and a newspaper publisher in Nevada and Israel.

His unlikely rise from obscurity began when he launched a trade publication for data-communications firms in the 1970s. Mr. Adelson noticed that other publishers sponsored trade shows. So, in 1979, near the beginning of the personal-computer boom, he launched Computer Dealers Exposition, or Comdex, which became a hugely successful trade exhibit held in Las Vegas and other cities.

He tore down the Sands and built in its place the Venetian resort, featuring a canal replica with singing gondoliers, and later poured billions of dollars into gambling, convention and entertainment palaces in Macao and Singapore. Las Vegas Sands Corp. , valued at $44.7 billion, now derives around 87% of its revenue from Asia.

 

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CitizenKayS Boo-effing-Hoo.

CitizenKayS When you get to hell Sheldon tell Hitler and Mussolini they encouraged another person down the fascist rabbit hole and his name is Donald Trump. Hopefully they'll meet him soon

Many thoughts no prayers

Good riddance

Trump’s money man. Now dead as democracy is on life support.

RIP Mr. Adelson. Your vision helped create adventures, entertainment, dreams, and most importantly jobs. Thank you for making Vegas what it is today. May your memory be eternal.

Every minute and every person, all day everyday k?!play me

My first thought was 'finally'. However I must admit he had quite a interesting life. He's the emblem of a self-made man. He build his wealth from scratch, didn't inherite it like the Trumps. For that he has my respect.

Is he taking all his money with him to hell? Or leaving it to terrorist trump?

Republicans loosing all of their corporate funding and one of their golden geese dies. Swift karma feels so righteous.

🇺🇸💔🇺🇸

Trump supporters leaving every way possible.

Deep state 🙏

Soros next please!

Amazing life story, people always focus on -ves but an immigrant son of a nobody started from 0 & built so much. He did not just horde wealth & did a lot for his people

Thank you very much, thank you very much!

Wasp life time membership is open in my department of cno contracting for USArmy is open

2021 is already better than 2020

Money can buy the GOP, but it can’t buy everything I guess.

Sheldon = Soros

RIP in peace, pigfucker

It’s a sign. Stop giving money to the treasonous gop bastards!

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